Vertex Launches Vertex for Salesforce Revenue Cloud
Vertex, Inc. (NASDAQ:VERX) has launched Vertex for Salesforce Revenue Cloud, integrating Vertex's tax determination expertise with Salesforce's platform to streamline revenue processes. This unified system combines commercial compliance with revenue and CRM, enabling easier product launches and improved customer satisfaction through automated commercial complexity and accurate tax determination.
Key features include easy configuration mapping, transaction logging/dashboard, content updates, and automated tax determination. Benefits range from predictable costs to available onboarding support. The collaboration aims to enhance tax accuracy, visibility, and transparency, ultimately improving revenue processes and customer trust.
Vertex, Inc. (NASDAQ:VERX) ha lanciato Vertex per Salesforce Revenue Cloud, integrando l'esperienza di Vertex nella determinazione fiscale con la piattaforma di Salesforce per semplificare i processi di revenue. Questo sistema unificato combina la conformità commerciale con il revenue e il CRM, consentendo lanci di prodotto più facili e un miglioramento della soddisfazione del cliente attraverso la complessità commerciale automatizzata e una precisa determinazione fiscale.
Le caratteristiche principali includono una mappatura di configurazione facile, registrazione delle transazioni/dashboard, aggiornamenti dei contenuti e determinazione fiscale automatizzata. I vantaggi vanno da costi prevedibili a supporto per l'onboarding disponibile. La collaborazione mira a migliorare l'accuratezza fiscale, la visibilità e la trasparenza, migliorando infine i processi di revenue e la fiducia dei clienti.
Vertex, Inc. (NASDAQ:VERX) ha lanzado Vertex para Salesforce Revenue Cloud, integrando la experiencia de Vertex en la determinación de impuestos con la plataforma de Salesforce para agilizar los procesos de ingresos. Este sistema unificado combina el cumplimiento comercial con los ingresos y el CRM, permitiendo lanzamientos de productos más fáciles y mejorando la satisfacción del cliente mediante la complejidad comercial automatizada y la precisión en la determinación fiscal.
Las características clave incluyen la mapeo de configuración fácil, registro de transacciones/tablero, actualizaciones de contenido y determinación fiscal automatizada. Los beneficios varían desde costos predecibles hasta soporte disponible para incorporación. La colaboración tiene como objetivo mejorar la precisión fiscal, la visibilidad y la transparencia, lo que en última instancia mejora los procesos de ingresos y la confianza del cliente.
Vertex, Inc. (NASDAQ:VERX)는 Salesforce Revenue Cloud를 위한 Vertex를 출시하여 Vertex의 세금 결정 전문성과 Salesforce 플랫폼을 통합하여 수익 프로세스를 간소화했습니다. 이 통합 시스템은 상업적 준수와 수익 및 CRM을 결합하여 제품 출시를 쉽게 하고 자동화된 상업적 복잡성 및 정확한 세금 결정을 통해 고객 만족도를 향상시킵니다.
주요 기능으로는 쉬운 구성 매핑, 거래 기록/대시보드, 콘텐츠 업데이트 및 자동 세금 결정이 포함됩니다. 이점은 예측 가능한 비용에서 온보딩 지원이 가능한 것까지 다양합니다. 이 협력은 세금 정확성, 가시성 및 투명성을 개선하여 궁극적으로 수익 프로세스와 고객 신뢰를 향상시키는 것을 목표로 합니다.
Vertex, Inc. (NASDAQ:VERX) a lancé Vertex pour Salesforce Revenue Cloud, intégrant l'expertise de Vertex en matière de détermination fiscale avec la plateforme Salesforce afin de rationaliser les processus de revenus. Ce système unifié combine conformité commerciale avec revenus et CRM, permettant un lancement de produits plus facile et une satisfaction client améliorée grâce à une complexité commerciale automatisée et une détermination fiscale précise.
Les caractéristiques clés comprennent un mappage de configuration facile, une journalisation des transactions/tableau de bord, des mises à jour de contenu et une détermination fiscale automatisée. Les avantages vont de coûts prévisibles à un support d'intégration disponible. La collaboration vise à améliorer l'exactitude fiscale, la visibilité et la transparence, améliorant finalement les processus de revenus et la confiance des clients.
Vertex, Inc. (NASDAQ:VERX) hat Vertex für Salesforce Revenue Cloud gestartet, das die Steuerbestimmungskompetenz von Vertex mit der Plattform von Salesforce integriert, um die Umsatzprozesse zu optimieren. Dieses einheitliche System kombiniert die kommerzielle Compliance mit Umsatz und CRM, was einfachere Produkteinführungen und eine verbesserte Kundenzufriedenheit durch automatisierte kommerzielle Komplexität und eine präzise Steuerbestimmung ermöglicht.
Zu den wichtigsten Funktionen gehören einfache Konfigurationszuordnungen, Transaktionsprotokollierung/Dashboard, Inhaltsaktualisierungen und automatisierte Steuerbestimmung. Die Vorteile reichen von vorhersehbaren Kosten bis hin zur verfügbaren Unterstützung beim Onboarding. Die Zusammenarbeit zielt darauf ab, die Steuergenauigkeit, Sichtbarkeit und Transparenz zu verbessern, was letztendlich die Umsatzprozesse und das Vertrauen der Kunden stärkt.
- Launch of Vertex for Salesforce Revenue Cloud integration
- Potential for improved customer satisfaction and trust through automated tax processes
- Enhanced tax accuracy, visibility, and transparency in revenue processes
- Easy configuration mapping and automated tax determination features
- None.
Insights
Vertex's launch of Vertex for Salesforce Revenue Cloud represents a strategic move to capitalize on the growing B2B digital commerce market. With Gartner projecting a
The integration of Vertex O Series with Salesforce Revenue Cloud is a significant technological advancement in the tax technology sector. By automating tax processes and ensuring real-time regulatory compliance, this solution addresses a critical pain point for businesses engaged in complex B2B transactions. The emphasis on easy configuration mapping and automated tax determination suggests a user-friendly interface that could drive adoption. From a technical standpoint, the integration's ability to handle commercial complexity while maintaining system security is impressive. This could give Vertex a competitive edge in the rapidly evolving digital commerce landscape, potentially leading to increased market share and customer retention.
The launch of Vertex for Salesforce Revenue Cloud aligns with the broader trend of digital transformation in B2B commerce. As businesses seek unified commerce experiences, solutions that streamline revenue processes and ensure tax compliance become increasingly valuable. The partnership with Salesforce, a dominant player in the CRM space, gives Vertex access to a vast customer base. However, the success of this integration will depend on its ability to deliver tangible benefits such as improved customer satisfaction and operational efficiency. While the potential market is significant, Vertex will face competition from other tax solution providers. Investors should watch for adoption rates and customer feedback to gauge the long-term impact on Vertex's market position and growth prospects.
KING OF PRUSSIA, Pa., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced the launch of Vertex for Salesforce Revenue Cloud. This integration brings together Vertex’s expertise in tax determination and Salesforce’s powerful platform to streamline revenue processes for businesses.
According to Gartner®, “growth in B2B digital commerce continues to outpace growth in B2C digital commerce… By 2025, organizations offering a unified commerce experience by frictionlessly moving customers through journeys will see at least a
“Through our collaboration with Salesforce, we are delivering exceptional customer experiences and robust system security, enabling businesses to seamlessly manage tax accuracy,” said Bradd Wildstein, Vice President, Indirect Sales at Vertex, Inc. “Together, we are improving revenue processes by leveraging advanced technologies to enhance tax accuracy, visibility and transparency – enhancing customer satisfaction and trust.”
Vertex O Series integrates with Salesforce Revenue Cloud, helping to ensure regulatory compliance and real-time insights for businesses. Key features such as easy configuration mapping, transaction logging/dashboard, content updates and automated tax determination with customer benefits ranging from predictable costs to available onboarding support.
“The Vertex integration enhances our commitment to providing a comprehensive revenue solution,” said Meredith Schmidt, EVP and GM of Revenue Cloud, Salesforce. “By automating tax processes, we’re enabling our customers to focus on growth and customer experience.”
Click here to learn more about Vertex for Salesforce Revenue Cloud. For additional information on the Vertex and Salesforce collaboration, visit our partner page.
Salesforce, Revenue Cloud, and others are among the trademarks of Salesforce, inc.
1 Gartner, Magic Quadrant for Digital Commerce, August 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About Vertex
Vertex, Inc. is a leading global provider of indirect tax solutions. The Company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,400 professionals and serves companies across the globe.
For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn.
Copyright © 2024 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. The product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex's products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex's filings with the U.S. Securities and Exchange Commission (“SEC”) that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements which Vertex has no obligation to update.
Vertex Company Contact:
Rachel Litcofsky
Vertex, Inc.
mediainquiries@Vertexinc.com
Investor Relations Contact:
Joe Crivelli
Vertex, Inc.
ir@vertexinc.com
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